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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

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Trading Made Simple

  • #59,581
  • Aug 14, 2015 4:02am Aug 14, 2015 4:02am
Quoting Hungy1
{quote} Hey! I think I can be of some help here. I am currently on Oanda as well, and if the trading platform you are talking about through them is fxTrade, then I can safely say that no you cannot get the same exact setup as the ones here in the thread. This thread and its indicators use MT4 (which Oanda does have available, with or without demo). I would suggest that you start to use MT4, if you want results like these guys you should have the same setup. I myself still like to use fxTrade so what I have been doing is using MT4 and the indicators...
Thanks very much for taking the trouble to respond to me so promptly.

I thought this was the likely scenario and it's such a shame because it is such a good trading platform. I will try what you suggested when I get the time. Kind regards
  • #59,582
  • Aug 14, 2015 6:17am Aug 14, 2015 6:17am
here is one of my rare TMS H1 trades
DAX , entered first candle colour change with a bad cross but a good priceaction ......
( the other order is a choros trade since yesterdayand has nothing to do with TMS )
....and kicked it out about 100 pips green
Guido
Attached Image (click to enlarge)
Click to Enlarge Name: GER30H1.png 14.8..png TMS.png Size: 27 KB
Risiko birgt immer auch die Chance.
  • #59,583
  • Aug 14, 2015 6:43am Aug 14, 2015 6:43am
Hi all, what do you find the best exit close at third candle or when tdi starts to curve? Also where do you set stoploss 2 times atr ?

Thanks
  • #59,584
  • Aug 14, 2015 7:09am Aug 14, 2015 7:09am
Hola amigos,

USD/CAD looks interesting... Let's see what happens with the news.
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla 2015-08-14 a las 14.08.36.png Size: 81 KB
  • #59,585
  • Aug 14, 2015 7:46am Aug 14, 2015 7:46am
Quoting mkfx
{quote} Hi Emmanuel, Amazing results showing combination of PA and TDI with ME/ME. Is it possible to show more details all the ME/ ME of one pair only with lot size and pips gained when time of entry and exit like get from account history just to understand on an average in what multiple lot size increased on next M entry in a basket. Thanks for your help and inspiring other trades. Best Regards MK

Hi MK,

Attached below some details hope these will answer your questions.
This is for EURCAD analysis which was posted last week and followed up with live trades.

Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD ME-ME trades week 32-33.png Size: 92 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD Me-Me entry delay.png Size: 41 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD ME-ME trades analysis.png Size: 7 KB


regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #59,586
  • Aug 14, 2015 8:16am Aug 14, 2015 8:16am
Quoting emmanuel7788
{quote} Hi MK, Attached below some details hope these will answer your questions. This is for EURCAD analysis which was posted last week and followed up with live trades. {image} {image} {image} regards,

this system look advance. can you point me to the right direction to learn this system?
  • #59,587
  • Aug 14, 2015 8:44am Aug 14, 2015 8:44am
Please excuse me, but haven't been logged in for a while (took a break from trading), however, I notice references to ME/ME which I'm guessing is multiple entry/exit strategy. Would someone mind pointing me to a post where this is explained. Thank you.
All for one and one for all
  • #59,588
  • Aug 14, 2015 9:21am Aug 14, 2015 9:21am
Hi Everyone

I don't know what is going on, but having had good successes with the system, over the last few weeks I'm just having one losing trade after another?

Any ideas.

I'm not doing anything different

Thanks
  • #59,589
  • Aug 14, 2015 10:11am Aug 14, 2015 10:11am
Quoting emmanuel7788
{quote} Hi MK, Attached below some details hope these will answer your questions. This is for EURCAD analysis which was posted last week and followed up with live trades. {image} {image} {image} regards,
Thanks Emmanuel for explain in very detail. Just wanted to know what was the lot size of initial entry, ME1, ME2 and ME3 respectively of these Ecad trades which you mentioned on above !5m chart to understand multiple at higher level.

Thanks

MK
  • #59,590
  • Aug 14, 2015 10:29am Aug 14, 2015 10:29am
Quoting Johnboyninja
Hi Everyone I don't know what is going on, but having had good successes with the system, over the last few weeks I'm just having one losing trade after another? Any ideas. I'm not doing anything different Thanks
Sure .. Its holiday season .. Look at the charts..many of them are flat or almost flat . I don t trade that much at the.moment for that reason . Hope that helped. Guido
Risiko birgt immer auch die Chance.
  • #59,591
  • Aug 14, 2015 10:39am Aug 14, 2015 10:39am
Quoting Sesamstrasse
{quote} Sure .. Its holiday season .. Look at the charts..many of them are flat or almost flat . I don t trade that much at the.moment for that reason . Hope that helped. Guido
Hi Sesamstrasse! I also suffered few loses and then moved to demo. One question, normally when the holiday season starts and ends? Hopefully answer of that question will help new traders a lot.
Winners Never Quit, Quitters Never Win
  • #59,592
  • Edited 11:50am Aug 14, 2015 10:48am | Edited 11:50am
Quoting hsn100
{quote} Hi Sesamstrasse! I also suffered few loses and then moved to demo. One question, normally when the holiday season starts and ends? Hopefully answer of that question will help new traders a lot.
There is no fix date . Just a little bit of logical thinking is required . Middle July to end of August is the phenomenon that markets volatility is flown away .
.. I d skip the daily routine for that time and do only cherry picking . My winning rate is normally about 2 of 3 , during holiday itīs only 50/50;-)
Guido
Risiko birgt immer auch die Chance.
  • #59,593
  • Aug 14, 2015 1:29pm Aug 14, 2015 1:29pm
Quoting cvgreen46
Please excuse me, but haven't been logged in for a while (took a break from trading), however, I notice references to ME/ME which I'm guessing is multiple entry/exit strategy. Would someone mind pointing me to a post where this is explained. Thank you.
Quoting Meihk
{quote} this system look advance. can you point me to the right direction to learn this system?
Entry and Exits: Post#24,918 Post#18,422

How to Build a Position: Post#19,588 Post#20,342
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #59,594
  • Aug 14, 2015 1:35pm Aug 14, 2015 1:35pm
Quoting craig811
Hi all, what do you find the best exit close at third candle or when tdi starts to curve? Also where do you set stoploss 2 times atr ? Thanks

why do you want to exit at the 3rd candle when the average swing is 3 to 8 candles?

which TDI version do you use?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #59,595
  • Aug 14, 2015 1:43pm Aug 14, 2015 1:43pm
Quoting pips29
{quote} Hey Emmanuel, I am bullish on this pair and have several longs within the H4 MC..What I would like to confirm is do you see a cup n handle pattern from daily to the monthly
Hi pips29,

The MN was very bullish last month and the current retracement is still shallow. Looks like this week candle will close bearish but indecision.
H4 and D1 are both in range. I am looking at possible re-test of 1.3156... maybe next week once the PA breaks out of the H4 WRB.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #59,596
  • Aug 14, 2015 1:55pm Aug 14, 2015 1:55pm
Quoting Sesamstrasse
here is one of my rare TMS H1 trades DAX , entered first candle colour change with a bad cross but a good priceaction ...... ( the other order is a choros trade since yesterdayand has nothing to do with TMS ) ....and kicked it out about 100 pips green Guido {image}
Nice trade!

keep it simple.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #59,597
  • Aug 14, 2015 3:06pm Aug 14, 2015 3:06pm
Quoting emmanuel7788
{quote} why do you want to exit at the 3rd candle when the average swing is 3 to 8 candles? which TDI version do you use?
Hi thank you for the reply , I am using the original tdi and just trade from 6 am uk time ,if there is a signal I take it and then close on third candle on h4 charts. I know, I must be closing too early? so should I trail or use some other method?
  • #59,598
  • Aug 14, 2015 7:20pm Aug 14, 2015 7:20pm
Five trades this week. Four winners and one loser.

Mon: The price was between 200/800EMA's and making HL/HH. The FO candle was reject from TL and as soon as LO candle clear the FO and TDI green separated from red, I entered with 50 pips profit which is exactly at 200EMA. The profit hit.

Tue: Again market was making HL/HH and above 200EMA. It was mostly Price Action Trade as TDI was in OB and green sticking with red line. Entry was made as soon as PA clear the Consolidation area inclduing daily resistance BRN. Take profit hit. +50 pips

Wed: clear mistake and lost -30 pips. Market made HH with trend and CT entry should be on 4th LO candle once the LH (123) pattern confirm. Need to practice more patience.

Thurs: Tried to capture the momentum in Asian once News candle left a long wick. EA closed the 1st batch at +25 pips and closed the other position at BE.

Fri: One of the longest trade of the week. Entry was made once price broke the small consolidation area and closed below. The SL was right above previous high and it didn't get hit. Rather price hit the TP. +75 pips.

I am also testing EUR/USD and made some additional pips while learning the pair behavior.
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-08-14 19_54_01-EURAUD,H1.png Size: 50 KB
  • #59,599
  • Aug 14, 2015 7:58pm Aug 14, 2015 7:58pm
Quoting hoperich
Five trades this week. Four winners and one loser. Mon: The price was between 200/800EMA's and making HL/HH. The FO candle was reject from TL and as soon as LO candle clear the FO and TDI green separated from red, I entered with 50 pips profit which is exactly at 200EMA. The profit hit. Tue: Again market was making HL/HH and above 200EMA. It was mostly Price Action Trade as TDI was in OB and green sticking with red line. Entry was made as soon as PA clear the Consolidation area inclduing daily resistance BRN. Take profit hit. +50 pips Wed: clear...
nice trade ..congrats ..livve long BIG E and TMS..hi hoperich ..... isit possible share your hh hl ll lh indicator please? thanks
Say something meaningful or Silence!!
  • #59,600
  • Aug 14, 2015 8:10pm Aug 14, 2015 8:10pm
Thank you for the kind words Classy. I draw LH/LL, HL/HH manually so no indicator sorry.

Happy Trading...
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